MENU

Should you buy these mid cap growth stars?

One area of the market which I think has a number of exciting investment options at the moment is the mid cap space.

Three shares in the space which I think could have the potential to be large caps in the future are listed below. Here’s why I like them:

Bingo Industries Ltd (ASX: BIN)

One of my favourite mid cap shares would have to be this waste management company. Although it isn’t the most glamourous industry to invest in, I like waste management for its defensive qualities, high barriers of entry, and long-term growth prospects due to Australia’s growing population. On top of this, I think Bingo Industries is attractive as it plans to expand its footprint nationwide over the next decade. If the company succeeds with this strategy, then it could achieve above-average earnings growth for a long time to come.

Freedom Foods Group Ltd (ASX: FNP)

I think that Freedom Foods is a great way to gain exposure to the shift in consumer’s eating habits. With more and more people watching what they eat and aiming to eat healthily, I believe this health food supplier could profit greatly. In addition to this, the company looks set to benefit from rising demand for UHT products. The demand has been so strong of late that management invested heavily to grow its production capabilities. With the company now the largest producer of branded and private label UHT milk in Australia, it could be well positioned to deliver strong profit growth if demand for UHT continues to grow as expected.

Integrated Research Limited (ASX: IRI)

One of the best tech shares on the Australian market in my opinion would have to be Integrated Research. It often gets overlooked by the investment community, possibly due to how hard it is to explain what it does. Integrated Research is a performance monitoring and diagnostics software solutions provider for business-critical computing environments. The company’s product, Prognosis, monitors and troubleshoots unified communications ecosystems, payments hubs and contact centre infrastructure. The product is incredibly sticky and used by some of the biggest companies in the world. In fact, at present all ten of the largest U.S. banks use its software, as do five of the world’s largest companies.

Looking for more mid cap stars? Here are three more with blue chip potential.

The Disruptors: 3 Revolutionary Aussie Companies to Back for 2018

We’re living in one of the most exciting times in investing history. Innovation and a booming culture of entrepreneurship are constantly creating new companies with the potential to make forward-thinking investors very rich. Now more than ever, one small, smart investment could make a huge difference to your wealth.

That’s why at The Motley Fool we’ve been scrutinizing the ASX to uncover the kinds of companies that we believe could turn into the next Cochlear or REA Group.

We’ve found three exciting companies that we believe re poised to perform in the new year. Click here to uncover these ideas!

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Freedom Foods Group Limited and Integrated Research Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The 5 mining stocks we’re recommending in 2019…

For decades, Australian mining companies have minted money for individual investors like you and me. But if you believe the pundits and talking heads on TV, those days are long gone. Finito! Behind us forever…

We say nothing could be further from the truth. To earn the really massive returns, you’ve got to fish where others aren’t fishing—and the mining sector could be primed for a resurgence. That’s why top Motley Fool analysts just revealed their exciting new research on 5 ASX miners they believe could help you profit in 2019 and beyond…

Including:

The best way we see to play the global zinc shortage… Our #1 favourite large-cap miner (hint: it’s not BHP)… one early-stage gold miner we think could hit the motherlode… Plus two more surprising companies you probably haven’t heard of yet!

For free access to our brand-new research, simply click here or the link below. But be warned, this research is available free for a limited time only, and we reserve the right to withdraw it at any time.

Click here for your FREE report!